NABARD
- NABARD stands for NAtional Bank for Agriculture and Rural Development. - It is the apex Indian Development Bank to provide finance for agriculture and rural development. - It primarily focussed on the rural sector of the country. - It`s headquarter is located in the Mumbai (the Financial Capital of the India). - It is a statutory body established on 12 July, 1982 under parliamentary act – National Bank for Agriculture and Rural Development Act, 1981. - It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) and Agricultural Refinance and Development Corporation (ARDC) of Reserve Bank of India. - The NABARD (Amendment) bill, 2017 passed in 2018 . - First charimen of NABARD was M Ram Krishannaya. - Present Chairman (2023) of NABARD is Shri Shaji K V . ҈ Back English / Abbreviations Main List English Resources UGC NET JRF IGNOU SOL Free Mock Tests UPSC Free Resources Save Nature Take Step Now Home © Geo-Que